Michael Sagild has been appointed Chief Executive Officer at Franklyn Hotels and Resorts

Stein Hotels and Resorts, the pan-European specialist in small luxury lifestyle hotels, has rebranded as Franklyn Hotels and Resorts and now extends the collection on to a global stage by establishing a presence in Asia by 2010, with an initial expansion into Singapore, China, Indonesia and Thailand. This has followed KOP Group’s recent investment in Stein Management Company International, parent company of Franklyn Hotels and Resorts, and the subsequent appointment of Michael Sagild to the position of Chief Executive Officer. Based in the Barcelona corporate head office, Sagild is responsible for overseeing Stein’s collection of 13 5-star hotels in Europe. Recent portfolio expansion includes the 221 million euro Finca Cortesin development in Andalucia, Spain. Sagild’s key focus for Stein is on strategic growth with a global rather than Eurocentric outlook. Creative deal structuring, global sales and marketing as well as asset enhancements and renovation of the existing portfolio, in addition to hotel design direction equally form part of his responsibility.